EUbusiness Week 588 top stories: ECB says anti-crisis measures easing euro break-up fears; Nuclear safety upgrade needed ‘nearly everywhere’ in EU; EU unveils measures to combat biopiracy; Row over women on ECB board could go to court; EU ‘has no cash’ for Erasmus student fund; EU rejects scientist report linking GM corn to cancer
This Week’s Top Stories
1. ECB says anti-crisis measures easing euro break-up fears
2. Nuclear safety upgrade needed ‘nearly everywhere’ in EU
3. EU unveils measures to combat biopiracy
4. Row over women on ECB board could go to court
5. EU ‘has no cash’ for Erasmus student fund
6. EU rejects scientist report linking GM corn to cancer
Publisher’s Note
As the Single Market reaches its 20th birthday, the European Commission has decided a reincarnation – Single Market II – is needed to give growth a boost in Europe. This will focus on employment, integrated networks, cross border mobility of citizens and businesses and the digital economy.
Much has already been done to set up a common area between the 27 EU Member States where goods, services, capital and persons can circulate freely. The result is more choice at lower prices, more opportunities to study abroad and more foreign investment in return for access to 500 million consumers. But, as Commissioner Barnier says, “the single market can do more for European citizens and businesses”.
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Regards,
Nick Prag
Publisher, EUbusiness
EUROFFICE Euroffice, supplier of stationery and office supplies online, selling to the UK and Italy – has sold to over 220,000 small businesses and will not be beaten on price. |
1. ECB says anti-crisis measures easing euro break-up fears
European Central Bank president Mario Draghi says the bank’s revamped bond-purchase programme, revealed last month, is helping to ease fears of a possible break-up of the euro.
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Draghi hails ‘remarkable’ progress in Spain
EU banks raise EUR 200 bn capital buffer
2. Nuclear safety upgrade needed ‘nearly everywhere’ in EU
Immediate safety upgrades requiring billions of euros in investment are needed in nuclear power plants “nearly everywhere” in Europe, according to the results of EU nuclear “stress tests” released on Thursday.
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3. EU unveils measures to combat biopiracy
The European Union has set out proposals aimed at thwarting the illegal use of genetic resources and traditional medicine, a practice known as biopiracy.
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4. Row over women on ECB board could go to court
Leading Euro-MPs will discuss taking Member States to court over the absence of female representation at the European Central Bank during a closed door meeting.
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5. EU ‘has no cash’ for Erasmus student fund
The EU’s Erasmus student exchange programme along with various social welfare schemes are nearly broke after cuts made to the 2012 budget by austerity-driven Member States, says a top Euro-MP.
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6. EU rejects scientist report linking GM corn to cancer
The European Food Safety Authority said Thursday it cannot accept an “inadequate” report by a French scientist on a link between cancer and genetically modified corn.
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EUROPEAN LAW
Romania: Babar Ahmad, a British computer expert accused by the United States of raising funds for terrorism, has launched a High Court bid to halt his extradition, the Judicial Office said on Monday.
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EU police arrest two in Kosovo over warcrimes
Latest Court of Justice judgements
EU Law Firms
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Inside the EU Institutions
Council Watch
UN: Germany’s foreign minister told the United Nations that Europe will remain a world “force to be reckoned with” despite its crippling debt crisis.
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EU condemns Syria for Turkey attack, urges restraint
Malta to host first Maghreb-EU summit since Arab spring
Council …
Commission Watch
Basel: Europe’s top banking chief launched a rebuttal on Monday to criticism by the industry’s global supervisory authority that the EU is dragging its feet on protecting banks against a fresh financial crisis.
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EU ‘regrets’ candidate Serbia’s Gay Pride ban
No change to Georgia-EU ties after vote: Commissioner
Commission …
Parliament Watch
Cracks: Parliament has scrapped a plenary session planned for November in Brussels following the discovery last month of cracks in the ceiling beams over the plenary chamber.
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Parliament suspends Ukraine mission for polls
This week, MEPs closed a deal with Council on safer, greener motorbikes; and Parliament’s Budgets Committee said the Commission’s budget proposal for payments must be reinstated to enable the EU to pay incoming bills.
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EU diary
9 Oct, Economic and Financial Affairs Council
10 Oct, Commission adopts the 2012 enlargement package
10-11 Oct, Competitiveness Council
15 Oct, Foreign Affairs Council
15-20 Oct, Single market week
18-19 Oct, European Council
The Week Ahead
Long-term diary
RESOURCES
EU Law Firms
Summaries of EU Legislation
EU Decision-Making
Treaties of the European Union
Key EU Legal Terms
Other news on EUbusiness this week
IMF: no timeline for concluding Greece talks 4-Oct
EU asks for Greek clarification on shipping tax system 3-Oct
EU says to rule on Xstrata-Glencore tie-up Nov 8 3-Oct
Eurozone slumps as France offsets German improvement 3-Oct
Investors pay to lend to EU bailout fund 2-Oct
Grim record as eurozone jobless soars to 18.2m 1-Oct
